KashifWasHere

Possible Cup and Handle On ETH

Long
KashifWasHere Updated   
KRAKEN:ETHUSD   Ethereum
There's a possible Cup and Handle pattern forming on $ETH's 4-hour. Good risk/reward ratio. Will enter a long.

Stop:$447.06
Average Entry Price: $504
Final Target: $837.77

Risk/Reward Ratio: 5.77

First Target: $600
Second Target: $700
Final Target: $837.77

Will Update Accordingly.
Comment:
First Target reached. Not taking profit yet, but I'm moving my stop into profit.
Comment:
Second Target reached. I'm taking profit here because I'm not positive that the Final Target will be reached. A lot depends on Bitcoin.

Cheers to whoever joined me in this trade.

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